UNA-ORLANDO - Wealth Poverty and Inequality WORLD

WEALTH, POVERTY, AND INEQUALITY
WORLD

Economic inequalities are most obviously shown by people’s different positions within the economic distribution - income, pay, wealth. However, people’s economic positions are also related to other characteristics, such as whether or not they have a disability, their ethnic background, or whether they are a man or a woman. While The Equality Trust recognizes the importance of these measures, the focus of our work is specifically the gap between the well-off and the less well-off in the overall economic distribution. This is reflected in the choice of terms and statistics in this section. [The Equality Trust]

TABLE OF CONTENTS

LEARNING RESOURCES

The Wealth Gap Trajectory

Minorities and the Wealth Gap

Are there solutions to Economic Inequalities?

LEARNING RESOURCES

Background

What is Wealth Inequality? | Art Carden

Inequality threatening human development, new global UN report warnsDespite global progress in tackling poverty, hunger and disease, a “new generation of inequalities” indicates that many societies are not working as they should, the UN Development Programme (UNDP) argues in its latest report released on Monday.

Economic InequalityEconomic Inequality Definition Economic Inequality refers to the inequality in terms of wealth distribution and opportunities among people belonging to

The Wealth Gap Trajectory

Rising inequality affecting more than two-thirds of the globe, but it’s not inevitable: new UN reportInequality is growing for more than 70 per cent of the global population, exacerbating the risks of divisions and hampering economic and social development. But the rise is far from inevitable and can be tackled at a national and international level, says a flagship study released by the UN on Tuesday.

Global Economic InequalityLiving conditions around the world are vastly unequal and economic differences are a major reason for this. How is this distribution changing?

A Guide to Statistics on Historical Trends in Income Inequality | Center on Budget and Policy PrioritiesThe years from the end of World War II into the 1970s were ones of substantial economic growth and broadly shared prosperity. Beginning in the 1970s, economic growth slowed and the income gap widened.

COVID-19

Vaccine inequity posing ‘significant risk’ to global economic recovery: UN reportAlthough the outlook for global growth has improved, the ongoing impacts of the COVID-19 pandemic, as well as inadequate progress on vaccination in poorer countries, are putting recovery at risk, according to the latest UN economic forecast, published on Tuesday.

Financial and health impacts of COVID-19 vary widely by race and ethnicityThe outbreak has altered life in the U.S. in many ways, but in key respects it has affected black and Hispanic Americans more than others.

Credit Suisse report reveals vast increase in global wealth inequality amid pandemic in 2020The twelfth annual wealth report issued by the global financial services company Credit Suisse shows that trillions of dollars were transferred into the pockets of the rich during the coronavirus pandemic.

Minorities and the Wealth Gap

How economic inequality affects children’s outcomes - Equitable GrowthEconomically disadvantaged children’s limited access to cognitively enriching home environments may help drive growing gaps in cognitive and non-cognitive skills, producing a feedback cycle that leads to low socioeconomic mobility and further grows inequality.

This is what it means to be poor in India todayMy country’s growing wealth hasn’t trickled down. Just ask Amina, who lives in a slum in the shadow of one of India’s glitziest shopping malls.

Women in Europe need ‘greater economic independence’ to avoid poverty: UN Special RapporteurWomen in Europe should be given “greater economic independence” through equal pay, childcare support and the sharing of domestic duties to ensure that they do not fall into poverty, according to the UN Special Rapporteur on extreme poverty and human rights.

Are there solutions to Economic Inequalities?

IMF says rich countries could use taxes to reduce inequalitiesThe International Monetary Fund on Thursday said advanced economies could use more progressive income taxes, inheritance and property taxes, and taxes on "excess" corporate profits to help reduce inequalities exposed by the COVID-19 pandemic.

Private Equity Fund Launches to Close the Racial Wealth GapApis & Heritage’s Legacy Fund will assist employee-led buyouts of companies with workforces of color

Financial transparency, 'sound governance and accountability’ essential to reach Global GoalsFinancial integrity is “paramount to the success of the 2030 Agenda”, the President of the UN General Assembly said on Thursday, launching a new report that offers a blueprint to address a range of obstacles, particularly surrounding illicit finance flows.

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